The current global scenario is fraught with various uncertainties, which include seemingly endless supply chain pressures, the inflationary environment, regional lockdowns in China, IT staffing issues, raw material cost increases, and the Russian-Ukraine conflict, to name a few. Likewise, some of the top stocks across major sectors have been hammered due to the tough macro backdrop globally and not due to their own company-specific weaknesses. For instance, take a look at the technology sector. There is significant demand growth across the industry triggered by secular drivers, especially in the potentially growing cloud and artificial intelligence (AI) space, coupled with the need for digital transformation creating a giant market opportunity.
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